📊 #Bitcoin – What comes next?
🚨 Everything you need to know!
The bull flag pattern is still in play on the daily chart. The structure remains bullish and BTC is consolidating within a descending channel, which historically indicates a continuation to the upside.
🔹 Scenario 1: breakout to $113K–$114K, followed by a correction in the range of $92K–$93K (CME gap region + liquidity). A strong bounce here could lead directly to $120K–$130K.
🔹 Scenario 2: direct breakout from the channel and continuation to $120K without returning to the lower liquidity.
💬 The recent movement of the whale with 80,000 BTC is being misinterpreted. Everything indicates a coordinated OTC transfer, not a mass sale. No entries into exchanges, no visible liquidations.
📈 Strategy:
Hold position in spot
Wait for opportunity between $92K–$93K if the market allows
Funding rate is now negative (-0.0006%), which indicates more shorts than longs in the market at this moment – a very healthy scenario
Overall sentiment is balanced, Fear and Greed Index at 56 (neutral)
Light week in macro events (FOMC minutes and unemployment claims in the US with limited impact)
🎯 Conclusion:
Valid breakout structure, neutral sentiment, no leverage imbalance, and misinterpreted on-chain behavior. Target remains between $120K–$130K and the path is starting to clear.
#BTC #Bitcoin #CryptoAnalysis #Write2Earn #CryptoStrategy #FundingRate
